Corporate Radar: Bajaj Auto, Biocon to turn ex-dividend; MMTC Q4 earnings, HDFC AGM & more

NEW DELHI: A host of board meetings and corporate actions are scheduled for Thursday.

Shares of 19 companies -- A-1 Acid (Rs 1.5 per share), Bajaj Auto (Rs 140 per share), Bajaj Finance (Rs 20 per share), Bajaj Finserv (Rs 4 per share), Bajaj Holdings (Rs 25 per share), Biocon (0.5 per share), Escorts Kubota (Rs 7 per share), Gandhi Special Tubes (Rs 10 per share), Larsen & Toubro Infotech (Rs 30 per share), Maharashtra Scooters (Rs 80 per share), Nippon Life India Asset Management (Rs 7.5 per share), Nucleus Software Exports (Rs 7 per share), PTL Enterprises (Rs 2 per share), Quest Capital Markets (Rs 2.5 per share), Raymond (Rs 3 per share), Suryaamba Spinning Mills (Re 1 per share), Swaraj Engines (Rs 80 per share), Syngene International (Re 0.5 per share) and Welspun Enterprises (Rs 1.5 per share) -- will go ex-dividend today.

These 19 companies had announced final dividends. Meanwhile, Syngene International (Re 0.5 per share) had also announced a special dividend.

Ratnamani Metals & Tubes and Indian Oil Corporation (IOC) will go ex-bonus today in the ratio of 1:2 each. Also, EKI Energy Services will go ex-bonus in the ratio of 3:1.

MMTC, Parag Milk Foods, Valecha Engineering and SDC Techmedia are among the companies that will announce their quarterly earnings today.

Shares of DU Digital Global and Paisalo Digital will go ex-split today. DU Digital Global had announced the splitting of shares into face value of Rs 2 from the face value of Rs 10 while Paisalo Digital had announced the splitting of shares into face value of Re 1 from the face value of Rs 10.

HDFC, PNB, Indian Hotels Company, Laurus Labs, Union Bank of India, Gangotri Textile, Walchand Peoplefirst, Polylink Polymers (India), Sky Industries, Sagar Cements, GHCL, Dr Lal Pathlabs, Happiest Minds Technologies, Computer Age Management Services and Dutron Polymers will have their annual general meetings (AGMs) today. Meanwhile, Facor Alloys will host an EGM.

A board meeting of Hindustan Copper will take place today to consider preferential issue of shares. Also, the REC board will meet today to consider a bonus issue.

Thursday is the record date for dividend by Whirlpool of India. The stock went ex-dividend on Tuesday.